The first store of the US-based Best Buy Co. Inc. on the Chinese
mainland will open on trial basis on Thursday, company sources
announced Wednesday in Shanghai.
Located at the commercial center of Xujiahui, Shanghai, the
outlet will cover a total 8,000 square meters, the sources
said.
The store will provide products from home and abroad, including
computers, printers, TV sets, audio appliances, DVD players,
digital cameras, digital camcorders, cell phones, electrical
gadgets, kitchen ware, fridges and air conditioners, the sources
added.
It is estimated the sales volume of consumer electronics will
reach US$100 billion on Chinese mainland this year and will post a
double-digit growth in each of the coming 10 years.
Best Buy Co. Inc. is said to be North America's biggest
specialty retailer of consumer electronics, personal computers and
entertainment software and appliances.
(Xinhua News Agency December 28, 2006)
